The pair ratio has hit the resistance level - slightly downward sloping trendline of highs in last 2-3 years Similarly, RSI has also hit the resistance level. Good level for reversion towards 0.360
...Election results come in... (for which party will be in government). which results in a rise or fall in GBP due to it's significance (in this instance it was seen as a good result and GBP rose). -We know there is going to be volatility, so we can profit regardless of whether the price goes up or down as when the price reaches certain points (A if price...
The last few days has brought home some important insights about of currency pairs. The pair is a ratio of demand of one currency over another. I couldn't go into every aspect of this in the video in just 10 min. Based on my observations (which are not rules): 1. All pairs quoted in US-Dollars are vulnerable, as the Dollar heads south around this time. 2....
The US-Dollar got hammered on most pairs in the last day or two. Day traders may have suffered or gained. The US-Dollar index shows what happened. On the Daily time frame US-Dollar is still pretty bullish, so stay tuned on lower time frames.
we saw some nice co-realtion b/w these 2 pairs its means that we have double opporunity on these ... if some trade set-up i will inform u guys regards : HAMZA MALIK